Remember that fat cheque for about $16.7 million that Hastings Council is still owed by Aussie property developer Charter Hall for Nelson Park?
You know, the cheque that will eventually pay for the demolition of Nelson Park (already completed) and all but $5 million of the new Kelt athletic track and stadium, as well as all land purchased for the regional sports park and investigation of the entire RSP concept (i.e., Sam’s bill).
Well, now that Charter Hall’s stock value has dipped 72% since their purchase of Nelson Park, BayBuzz was just hoping Mayor Yule or CEO McLeod might give ratepayers some peace of mind.
We’re just trying to cross some unnecessary concerns off our list.
Please tell us you’ve already cashed the cheque! Or at least that it’s in the post.
Or, if you haven’t gotten around to billing them yet, how about just a prediction as to when you might ask for the money … and an explanation of what might be delaying your sending the invoice?